Q:
# What are some compound interest calculators?

**Many financial and government websites have compound interest calculators, such as Bankrate.com and Investor.gov.** In addition, some mathematics-oriented websites also have compound interest calculators to illustrate particular uses of calculus in business, explains The Calculator Site.

A compound interest calculator works by adding an amount to be saved on a regular basis to a principal amount, typically monthly, states The Calculator Site. The amount generated by interest is added to this amount. This typically happens on a quarterly basis, or four times per year, and it is in this way that the interest is compounded, where the interest begins generating interest. The final term is how many years the savings is allowed to grow. With all of this information, the calculator produces the amount saved with the accumulated compound interest at the end of the term.

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## How is a mortgage interest rate formula calculated?

A: The Annual Percentage Rate for mortgage interest is calculated in two steps, according to Bankrate. First, solve for the APR payment amount. This number wi... Full Answer >Filed Under: -
Q:
## How do you calculate the interest you have to pay on a loan?

A: A borrower can use a loan calculator to determine how much interest he has to pay on a loan, according to Bankrate. Loan calculators use the beginning bala... Full Answer >Filed Under: -
Q:
## How do you calculate your mortgage interest deduction?

A: You can calculate your mortgage interest deduction using the calculator available from Bankrate, or by filling out an IRS Schedule A using the information ... Full Answer >Filed Under: -
Q:
## How do you view historical interest rates?

A: To view the historical interest rates of government institutions, visit the U.S. Department of the Treasury's official website or go to the Federal Reserve... Full Answer >Filed Under: